fxwaleed

fxwaleed Updated 

31 December 2023 midway till expiry of 5January2024 Friday option I expect a conversion to 44,000$ Mark and potential upside. ( This is not investment advice, just a record for my own use )

fxwaleed Updated 

Overall asset managers are net long, this week they added 3k+ short positions and increased longs by 2.5k+ .. taking long entry below they lowest best rate targeting 0.73500. Good luck dont forget to Comment, like and follow

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Based on hour glass retrace is over with a trend line as support and trend line broken. like, comment and follow

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According to hourglass trend lines, if support tren lines hold risk reward favors long position as retrace completed before the end of half of the hourglass forcast range. Like, Follow and comment for future continuation of publishing ideas.

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Gold at hour glass support trendline, already support held heading to middle intersection of 41bars forecast, long position preferred with sl at break of support trend line and tp on 2101 top forecast line of hourglass. Like, Comment, Follow for more ideas

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Bitcoin facing multiple support trend lines holding so far, it already retraced to support trend lines, and currently at intersection of hourglass forecast lines, a long position is preferred with SL below support trend lines currently holding. Like, comment and follow for more ideas

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As assets managers added 1000short contracts start of week and 5000long contracts end of week. Taking long with sl below week low and target take profit 1.21600. Good luck. Dont forget to like, follow and comment

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Regression trend under Bollinger band base line suggesting a bullish channel if broken down, a sell signal

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Highlighted are some merged candles for higher time frames price action, fibonacci retracement levels plotted for the bullish move started at the highlighted price action signal on the left and ended at the reversal pin bar up. if 76.4% level holds it is a bullish outlook .. currently the market is giving an uncertainty signal (low interest of going below...

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Dollar index analysis suggests a double top with a bearish price action, are we looking for a retrace to 61.8% fibonacci level for the dollar value?

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Price Action concept here is based on merging open of first bar of the region with close of last bar take the highest and the lowest prices and check if it matches a pattern. Here is matches a Bullish Pinocchio Bar and a Bearish Pinocchio Bar, means we are consolidating and a breakout trade would suite the situation one cancels the other. Or wait for breakout...

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EURAUD price action with Fibonacci Retracement confluence, description on chart Likes and comments are appreciated, if you want more please follow

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Following the Bullish Pattern which was formed on fibonacci retracement level with a two consecutive patterns 3Bar Pinocchio and 1Bar Pinocchio Bar Entry was taken at highest point, SL at lowest, TP initially was at fibonacci retracement level Trailing Stop was used to optimize risk/reward ratio (when SL got trailed the SL trailed to be 3.9Pips) TP was...

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Motivation to learn Price Action and Confluence Bullish Pattern formed on fibonacci retracement level, two consecutive patterns 3Bar Pinocchio and 1Bar Pinocchio Bar Entry at highest, SL and lowest, TP at fibonacci retracement level Trailing Stop is prefered and used to optimize risk/reward ratio (when SL is trailed the reward increases in relation to the...

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Motivation to start learning Price action and confluence 3Bar 4H bearish Pinocchio Bar on GBPUSD gave a great risk reward ratio Pinocchio Bar formed on a Pivot resistance which gave confluence Entry at lowest point of the formation, SL at top point of the formation, targeting Pivot Support level Note: Trailing stop is prefered Follow for more upcoming price...

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Description on analysis, comments and "Likes" are greatly appreciated. Kind Regards

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EURUSD is on a downtrend High@27-08-2015 06:00:00 Low@28-08-2015 15:00:00 01-09-2015 21:00:00 open price was at 96% probability to go down line The pair so far retraced to Fibonacci 0.764 level which corresponds to 96% probability to move down The pair moved to Fibonnaci 0.382 which now has a probability of 75% of moving up The pair broke below Fibonacci...

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EURUSD is on a downtrend High@27-08-2015 06:00:00 Low@28-08-2015 15:00:00 01-09-2015 21:00:00 open price was at 96% probability to go down line The pair so far retraced to Fibonacci 0.764 level which corresponds to 97% probability to move down The pair moved to Fibonnaci 0.382 which now has a probability of 75% of moving up 50% up / down probability line is...